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Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content.RenQ Finance (RENQ) has been making headlines in the crypto world with its innovative approach to decentralized finance (DeFi). The platform has attracted many investors, with its presale stage 5 selling out quickly. Meanwhile, Shiba Inu (SHIB) has also been gaining attention as a “meme coin” and has seen its price surge in recent months. But can SHIB provide similar returns to RenQ Finance, or will RenQ Finance come out on top? Let’s take a closer look.What is RenQ Finance?RenQ Finance is a decentralized finance (DeFi) platform that…
Investing app Public is partnering with civic-engagement company A Starting Point. A Starting Point was cofounded by Chris Evans, Mark Kassen, and Joe Kiani. The partnership offers Public’s retail investors educational content produced by A Starting Point. Fintech Public wants its users to be better informed about public policy, and it’s partnering with Captain America for the job.The investing app announced Tuesday it’s launching a content series in partnership with A Starting Point (ASP), a civic-engagement website cofounded by Chris Evans, Mark Kassen, and Joe Kiani. The series is aimed to educate retail investors by offering policy news briefs, fiscal…
Driven by the recent AI boom, companies are raiding top college campuses for rare technical talent. These companies lure undergrads and Ph.D.s with whopping salaries and endless research funding. Now students face the choice of leaving the noble world of academia for AI’s promised land. On a Friday afternoon, Cristóbal Eyzaguirre pulled out a Hot Wheels toy car to show Insider over Zoom. For the most part, it looks like any children’s toy, except for one thing: the “Tesla Model X” emblazoned across its packaging.The Stanford Ph.D. student admitted that the toy car is his favorite bit of swag of…
The US Supreme Court on Friday temporarily halted a lower-court ruling that would have set strict limits on how women can access abortion pills containing mifepristone. Justice Samuel Alito issued a temporary stay on the decision, which will remain in place until the end of April 19, giving the nation’s highest court more time to consider an appeal by the administration of president Joe Biden against restrictions put in place on the pills. Alito’s intervention marks the latest twist in a week of dramatic legal manoeuvrings between anti-abortion campaigners, the Biden administration and the pharmaceutical industry over women’s reproductive rights.…
Michigan’s Democratic Gov. Gretchen Whitmer signed a package of six expansive gun violence prevention bills into law Thursday that will create universal background checks for all firearms and mandate safe storage requirements around children. Michigan has felt the impact of deadly school shootings in recent years. In February, a gunman killed three Michigan State University students and critically wounded five others. In 2021, a shooting at Oxford High School near Detroit left four students dead and six others injured. “Universal background checks and safe storage are long-overdue steps we are proud to take today that will save lives by keeping…
The Federal Reserve is going to have a difficult time wrestling inflation under control and that means more pain ahead for stocks and other assets, says Stephen Roach, former Morgan Stanley chief economist and now a senior fellow at Yale University. The U.S. economy could face stagflation, but not the variety seen in the 1970s and 1980s, Roach tells Barron’s. Inflation, though beginning to recede, will still be sticky and unlikely to return to the Federal Reserve’s 2% target anytime soon, he adds. Indeed, at this week’s annual spring meetings of the International Monetary Fund and World Bank, IMF Managing…
You can significantly improve your investment performance by expanding your definition of corporate profitability. New research finds that Wall Street has been using a restricted definition of return on equity. As a result, individual investors and professionals both have unwittingly been shunning the stocks of companies that in fact are highly profitable while favoring companies whose profitability is relatively unimpressive. This limited definition of profit overlooks corporate expenditures on intangibles, such as research and development (R&D). Traditional accounting practice for decades has been to “expense” anything spent on intangibles — thereby reducing dollar for dollar what otherwise would be reported…
Earlier this week, the internet was abuzz about a new type of home loan: a 40-year mortgage. Google searches for “40-year mortgage rates” spiked 450% — and searches for “FHA 40-year mortgage 2023″ jumped more than 2,650%. But the excitement was misplaced, because there is in fact no new 40-year mortgage. One mortgage lender shed some light on what the news was really all about. The bottom line is that there isn’t a new 40-year home-loan product. It was all a big misunderstanding, Brian Rugg, chief credit officer at LoanDepot, said in a statement. “Content goes viral on social media…
The U.S. economy could slip into recession given the fast pace of interest rate rates over the past year, said Chicago Fed President Austan Goolsbee on Friday. “There is no way you can look at current conditions around the U.S. and not think that some mild recession is on the table as a possibility,” Goolsbee said, in an interview on CNBC. At the same time, while inflation is coming down, there is “clear stickiness” in some categories of prices, he said. Goolsbee said he is focused on whether there is a credit crunch in the wake of the collapse of…
